BNGE - ETF AI Analysis
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First Trust S-Network Streaming and Gaming ETF (BNGE)
Rating:63Neutral
Price Target:―
Positive Factors
Targeted Theme Exposure
The fund focuses on streaming and gaming companies, giving investors direct access to a specific growth-oriented corner of the market.
Global Diversification
Holdings spread across the U.S., Asia, Europe, and Australia help reduce the impact of weakness in any single country.
Balanced Top Holdings
The largest positions each make up a similar share of the portfolio, so no single stock dominates the fund.
Negative Factors
Recent Weak Performance
The ETF has delivered negative returns so far this year and over the last three months, showing recent struggles for its theme.
Broad Weakness in Top Stocks
Most of the top holdings have been lagging this year, which can continue to weigh on the fund’s overall results.
High Expense Ratio
The fund charges a relatively high fee, which can eat into returns over time compared with lower-cost ETFs.
BNGE vs. SPDR S&P 500 ETF (SPY)
AUM4.61M
RegionGlobal
Expense Ratio0.70%
Beta0.98
IssuerFirst Trust
Inception DateJan 25, 2022
Dividend Yield1.08%
Asset ClassEquity
Index TrackedS-Network Streaming & Gaming Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume784
30 Day Avg. Volume658
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
40.18Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BNGE Summary
The First Trust S-Network Streaming and Gaming ETF (BNGE) tracks the S-Network Streaming & Gaming Index, focusing on companies tied to video games, eSports, and online streaming. It holds well-known names like Walt Disney, Roblox, Nintendo, and Electronic Arts, as well as global streaming and gaming platforms. Investors might consider BNGE if they want targeted growth exposure to the fast-growing digital entertainment and gaming theme, instead of buying individual stocks. However, this ETF is concentrated in one sector, so its price can be quite volatile and may fall sharply if gaming and streaming companies struggle.
How much will it cost me?The expense ratio for the First Trust S-Network Streaming and Gaming ETF (BNGE) is 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a niche sector like video games and eSports, which requires specialized research and management.
What would affect this ETF?The BNGE ETF could benefit from the growing popularity of gaming and streaming platforms, as well as advancements in technology that enhance user experiences. However, it may face challenges from regulatory changes in key markets, economic downturns that reduce consumer spending on entertainment, or increased competition within the gaming and streaming industries. Its global exposure and focus on companies like Roblox, Netflix, and Nintendo position it well for growth but also make it sensitive to international market conditions.
BNGE Top 10 Holdings
BNGE is tightly wired to the global gaming and streaming universe, with a heavy tilt toward communication services and consumer-focused names rather than broad tech. Roku has been the recent star, rising on renewed optimism around streaming platforms, while Take-Two and Aristocrat Leisure are also helping with steady-to-rising momentum despite some bumps earlier in the year. On the flip side, Chinese giants like Tencent and Kuaishou have been lagging, and even stalwarts like Disney and Sony feel like they’re coasting, leaving the fund reliant on a few high-flyers to carry the load.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Take-Two | 5.39% | $249.09K | $44.43B | 0.38% | 53 Neutral | |
| Aristocrat Leisure | 5.00% | $231.39K | AU$32.97B | -14.03% | 67 Neutral | |
| Netease Inc | 4.80% | $222.13K | HK$594.72B | -6.62% | 80 Outperform | |
| Roku | 4.77% | $220.77K | $20.48B | 70.48% | 65 Neutral | |
| Walt Disney | 4.64% | $214.64K | $180.41B | -11.68% | 75 Outperform | |
| Kuaishou Technology Class B | 4.56% | $210.66K | HK$206.17B | -16.32% | 71 Outperform | |
| Electronic Arts | 4.46% | $206.19K | $50.69B | 34.26% | 70 Outperform | |
| Spotify | 4.29% | $198.47K | $96.35B | -33.83% | 66 Neutral | |
| Warner Bros | 4.24% | $196.21K | $65.69B | 149.05% | 68 Neutral | |
| Sony | 4.23% | $195.59K | ¥18.61T | -17.35% | 73 Outperform |
BNGE Technical Analysis
Negative
―
Price Trends
31.03
Negative
31.53
Negative
35.04
Negative
Market Momentum
<0.01
Negative
48.79
Neutral
52.15
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BNGE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 30.92, equal to the 50-day MA of 31.03, and equal to the 200-day MA of 35.04, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.79 is Neutral, neither overbought nor oversold. The STOCH value of 52.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BNGE.
BNGE Peer Comparison
Comparison Results
Performance Comparison
BNGE
First Trust S-Network Streaming and Gaming ETF
30.87
-4.06
-11.62%
EVX
VanEck Environmental Services ETF
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HERO
Global X Video Games & Esports ETF
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GAMR
Amplify Video Game Leaders ETF
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NERD
Roundhill BITKRAFT Esports & Digital Entertainment ETF
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ODDS
Pacer BlueStar Digital Entertainment ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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